Chandler Homes For Sale – April Market Update
“The only thing constant in life is change” according to the French author Rochefoucauld. This seems to be a common theme in the Real Estate market in Chandler. Just a short time ago we had an oversupply of bank owned homes on the market. With government programs that were created to help struggling homeowners, compounded by the recent “Robo signing scandal in the banks the majority of properties in default have been kept out of foreclosure. Chandler Homes For Sale were dominated by short sales and foreclosures. Now they make up about 20% of the market. We may see this change as the banks have come to a settlement for the Robo signing issue.
Currently in April 2012 there are 357 homes for sale in Chandler, Arizona. The average price for a home in Chandler is $376,000. Values range from $40,000 to $2,950,000. The average days on market in Chandler is 91. Homes are moving quickly in this market. There are 1064 homes under contract. Demand in Chandler is strong. The average price of a home that is under contract is $219,000 and the days on market is 76. Last month 409 homes sold in Chandler. The average sale price of sold homes in March was $211,833.
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